PDSL PDS Q4 FY26 results (Jan–Mar 2026) and concall
PDS Limited navigated a challenging FY26 with a 5% GMV growth to ₹19,666 crores and 4% revenue growth to ₹13,110 crores, supported by a 48 basis point improvement in gross margins to 20.6%. The company significantly strengthened its balance sheet by reducing net debt from ₹374 crores to ₹100 crores and generating ₹781 crores in operating cash flow. However, EBITDA saw a decline year-on-year, and the New Lobster business continued to pose challenges, with ongoing efforts for resolution.
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What they filed
Q4 FY26: revenue down 41.4%, net profit up 76.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 111 | 122 | 122 | 48 | 65 −41% | 73 −40% | 71 −41% |
| EBITDA | 2 | 3 | -6 | 1 | -0 −114% | -2 −169% | -12 −114% |
| Net profit | 2 | 5 | 15 | 4 | 1 −71% | 0 −94% | 27 +77% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





